Burleigh Heads, Queensland

$1,727,000

Property Description

Business For Sale - Motivated Sellers - ID 8677 BL

- Management Rights For Sale
- Desirable Burleigh Heads
- Mixed letting management rights
- Situated like an oasis with beautifully landscaped gardens
- 157 apartment complex with 40 in the letting pool
- 39 with outside agents, huge upside
- Walking distance to iconic Burleigh Beach and James Street
- High Body Corporate salary and good committee
- Tastefully renovated 3 bedroom manager's residence with timber flooring and spacious kitchen
- Management rights complexes of this size, standard and location are hard to find.

For further information or to arrange an inspection of this Gold Coast management rights business for sale contact:

Listing Broker
Lyn Pearsall

Property Summary

Business Snapshot

Price: $1,727,000 Net Profit: $224,000 Remuneration / Body Corp Salary: $157,041Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $575,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
Spacious residence, 3 bedrooms, 2 bathrooms, Ideal home for couple or family, Large patio area and enclosed courtyard.

Complex Information

Complex Type: MixedTotal Units in Complex: 152Total Units in Letting Pool: 40Permanent Units: 40Owner Occupy Units: 62Outside Agent Units: 39Lockup Units: 10Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesTennis Court: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

Lyn Pearsall
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Burleigh Heads, Queensland 4220 Exact map location not provided

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